Working with Banyan is really about the journey you go on with your team. Having the courage to have frank conversations with team members who are family members. It becomes your navigation point.
— Family CEO
Authors
A Crisis Playbook for Family Businesses
Almost every family business that we have spoken to in recent weeks is being disrupted by the COVID-19 pandemic. The […]
Family Business Pandemic Survival Survey
Almost every family business that we have spoken to in recent weeks is being disrupted in some meaningful way by […]
Does Your Family Business Have a Succession Plan?
A day before his 35th birthday, Hampton Berger*, a fourth-generation member of a successful family- owned manufacturing business, stood outside […]
Strength Through Boundaries: Implementing Structure in a Boundless Business
Interview with Rob Lachenauer and Omar Romman
According to Rob Lachenauer and Omar Romman, establishing boundaries is a delicate, multigenerational balancing […]
Is It Time to Leave the Family Business?
The Duke and Duchess of Sussex made headlines when they announced their decision to “step back” from their royal duties […]
Every Business Owner Should Define What Success Looks Like
“What do you mean we can’t pay dividends this year?” Elisa was incredulous. The board of the watch company she […]
When Should You Fire Your Child from the Family Business?
For years Charles dreamed of working side by side with his son, James, in the family business, a thriving manufacturing […]
What Happens When You Lose Your Mentor
He had been my mentor for 30 years. He died yesterday.
He was CEO of the firm where I began my […]
5 Signs Your Family Business Might Have an Ethics Problem
When he was attending his grandfather’s funeral, Robert Pasin, the CEO of Radio Flyer, was overwhelmed by the outpouring of […]
A ‘double transition’ crisis can result when CEOs hold the reins too long
When Tom Pickens and his wife, Kelly, suddenly died in a plane crash, the shock left their children and grandchildren […]